Crypto analysts are casting doubt over Bitcoin’s return to $100,000, Sam Bankman-Fried moves prison: Hodler’s Digest Michael Saylor, the CEO of top corporate Bitcoin holder Strategy (formerly MicroStrategy), expressed support for new US Securities and Exchange Commission (SEC) Chair Paul Atkins. In an April 23 X post, Saylor wrote that SEC Chairman Paul Atkins will be good for Bitcoin. The statement follows Atkins swearing-in as the 34th chairman of the SEC on April 21. Blue Macellari, head of digital assets at investment firm T. Rowe Price, also commented on Atkins in a recent Bloomberg interview. She seemed hopeful and recognized a change in how the SEC has acted under the new administration, particularly with crypto-related information, including close to six or seven roundtables with industry professionals. Read more
Clues suggest that Pokémon is headed to Sui, a Filipino Cardinal is a leading Pope candidate on Polymarket, and more. Asia Express Pokmon and crypto fans are speculating that the beloved monster-collecting universe could be taking its first steps into Web3 via the Sui blockchain. On April 23, The Pokmon Company released an update for its Pokmon HOME mobile app, a cloud-based hub for managing and trading Pokmon characters across various games and devices. The update dropped a new medal collection feature, but what really caught the crypto communitys attention was a quiet change in the apps privacy policy. In certain regions, the policy now adds Parasol Technologies as one of the developers that The Pokmon Company may share user data with. Parasol is a blockchain gaming studio recently acquired by Mysten Labs, the core team behind the Sui blockchain. Read more
Crypto AI tokens are now more popular than memecoins, robot butlers arrive, plus why does ChatGPT constantly kiss your ass? AI Eye. The crypto AI sector is showing signs of life, with the combined market cap increasing by more than one-third in the past two weeks. The sector soared to a combined market cap of $70.42 billion back in mid-January and just as quickly plummeted back to earth, bottoming out at $21.46 billion on April 9, according to CoinMarketCap. Its now back at $28.8 billion, with much of the growth in the past week. Near gained 26% in the past seven days, Render is up 23%, the Artificial Superintelligence Alliance gained 36%, and Bittensor surged 47%. (That said, even Ether gained 14% this week, so everything has been going up.) The AI crypto sectors outperformance came hot on the heels of a CoinGecko report on April 17 that found that five of the top 20 crypto narratives are AI-related, capturing 35.7% of global investor interest ahead of six memecoin narratives, which had a 27.1% share. The mo...
Ethereum’s lead in the $16.1T tokenization race could slip away if maxis don’t insist it’s the only acceptable source for truth for RWAs. For years, the default assumption in the Ethereum community has been that it will inevitably become the global settlement layer for finance. It didnt matter that retail was jumping ship for faster and cheaper chains like Solana and Aptos TradFi would recognize that Ethereum is the most battle-tested, credibly neutral and decentralized network, making it the only viable option for what Boston Consulting Group predicts will be a $16.1-trillion market by 2030. There are signs the prophecy is coming true. BlackRock, Fidelity, Wisdom Tree, Sony, Deutsche Bank, UBS and Coinbase are all making Ethereum the core of their onchain strategies. Last week, Ethereum-based platform Blocksquare announced a $1-billion deal with Vera Capital to tokenize US real estate, and Securitize and Ethena teamed up to launch the Converge L2 to tokenize billions more real-world assets (RWAs). Read more
Former Love Island Australia star turned crypto influencer, Vanessa Sierra, shares her secrets for going viral in crypto. Vanessa Sierra went on Australian national television to find love but that didnt work out. A few years later, she accidentally got big on Crypto Twitter, which is almost as good. She says anyone can learn to go viral in crypto if they follow the right steps. Sierra thinks Ethereum co-founder Vitalik Buterin would do well on Love Island as he is quite a funny person. I think hed be entertaining, Sierra tells Hall of Flame, but adds theres little chance hed ever join the show. After making a name for herself on Love Island Australia in 2019 and spending 14 days in the villa, Sierra says she had no intention of blowing up on Crypto Twitter. Read more